Webcast: Generation-Skipping Transfer Tax 25-26

Overview

This advanced course is designed to complement the 4-part 706 Preparation Series and will discuss various aspects of the Generation-Skipping Transfer Tax.

Highlights

• Taxable terminations
• Mismatch between available exemption and GST and utilizing excess GST
• GST elections on Form 709 and automatic allocations

Prerequisites

Completion of the Form 706 Preparation 4-part series is encouraged.

Designed For

CPAs and attorneys who work extensively with Estate plans and the Generation-Skipping Transfer Tax.

Objectives

• Determine the application of the GST rule and when the tax is triggered
• Recognize transfers that trigger GST and when to automatically allocate GST (or elect out) in gifting
• Identify common pitfalls

Preparation

Working knowledge of Forms 706 and 709.

Notice

Role Level: Entry-level/Individual contributor; Manager/Senior Manager; Sole Practitioner